Automotive Drive Plate Ring Gear

Automotive Drive Plate Ring Gear Market Outlook

The global automotive drive plate ring gear market was valued at approximately USD 8.5 billion in 2022 and is projected to reach USD 12.5 billion by 2035, growing at a CAGR of around 6.2% during the forecast period. This growth is attributed to the increasing demand for efficient transmission systems in vehicles, the rising number of passenger and commercial vehicles, and advancements in automotive technology. Additionally, the trend towards higher fuel efficiency and lower emissions is bolstering the market as manufacturers focus on developing lightweight and high-performance drive plate ring gears. Furthermore, the expansion of the automotive industry in emerging economies is expected to provide significant opportunities for market growth.

Growth Factor of the Market

The automotive drive plate ring gear market is witnessing substantial growth driven by several key factors. Firstly, the ongoing shift towards electric and hybrid vehicles is resulting in increased demand for advanced transmission systems, where high-quality drive plate ring gears play a critical role in enhancing performance and efficiency. Additionally, the focus on reducing vehicle weight to improve fuel economy is leading manufacturers to adopt innovative materials and designs, further stimulating market growth. Another important factor is the continuous investment in research and development, enabling the creation of more durable and efficient ring gears that meet the evolving needs of the automotive industry. Moreover, the growing trend of vehicle electrification is prompting automakers to develop new drivetrain solutions, increasing the integration of drive plate ring gears in modern vehicle designs. Lastly, the rise in consumer preferences for high-performance vehicles is pushing manufacturers to produce advanced drive plate components that can deliver superior torque and improved driving experience.

Key Highlights of the Market

• The market is expected to grow significantly due to the increasing production of electric vehicles.
• Advancements in material technology are leading to the development of lighter and more durable ring gears.
• The aftermarket segment is experiencing robust growth due to rising vehicle maintenance and repair activities.
• North America holds a substantial market share, driven by the presence of major automotive manufacturers.
• The dual plate ring gear segment is projected to see the highest CAGR as it is favored for performance applications.

By Product Type

Single Plate Ring Gear:

The single plate ring gear is a fundamental component widely utilized in various automotive applications. Its design simplifies the transmission process, making it a cost-effective choice for many manufacturers. Single plate ring gears are primarily found in passenger vehicles due to their lightweight and compact nature, which contributes to overall vehicle efficiency. These gears are known for their reliability in engine performance, particularly in standard driving conditions. The growing demand for economical transportation options is further propelling the adoption of single plate ring gears, as they represent a versatile solution for basic torque transmission requirements.

Dual Plate Ring Gear:

The dual plate ring gear is recognized for its ability to handle higher torque loads, making it a preferred choice in performance-oriented vehicles. This type is particularly prevalent in sports cars and high-performance models, where enhanced gear engagement and responsiveness are crucial. The dual plate design offers improved heat dissipation and strength, which are essential for ensuring reliable operation under extreme conditions. As automotive technology continues to evolve, the demand for dual plate ring gears is expected to rise, driven by increasing consumer preferences for performance and efficiency in modern vehicles. The versatility of dual plate systems also allows for their adoption in hybrid vehicles, further expanding their market reach.

Triple Plate Ring Gear:

The triple plate ring gear is engineered to provide enhanced performance in high-torque applications, particularly in racing and off-road vehicles. This configuration allows for an optimal balance between weight and power transmission, ensuring maximum efficiency even under strenuous conditions. As the demand for off-road and specialty vehicles grows, so does the significance of triple plate ring gears in the automotive sector. Their robust design enables them to withstand extreme operating environments, making them ideal for applications where reliability is critical. While the adoption of triple plate systems may be limited compared to single or dual plate options, their specialized nature caters to a niche market that values performance and durability.

Quadruple Plate Ring Gear:

Quadruple plate ring gears are becoming increasingly popular in high-performance vehicles, where the need for precision and power handling is paramount. This type of ring gear is designed to optimize torque distribution and reduce the risk of slippage during acceleration. Their advanced engineering allows for higher RPMs and better torque management, which are crucial for performance-driven applications. Manufacturers are focusing on developing quadruple plate systems that offer superior engagement and reduced weight, enhancing vehicle dynamics. As the automotive market trends towards greater performance capabilities, the quadruple plate ring gear segment is anticipated to grow, particularly among luxury and performance vehicle manufacturers.

Quintuple Plate Ring Gear:

Quintuple plate ring gears represent the cutting edge of automotive technology, designed for extreme performance scenarios. These gears are utilized in advanced racing applications and high-end supercars, where maximum torque and operational efficiency are essential. The quintuple plate configuration allows for superior thermal management and power handling, making it possible for vehicles to achieve unprecedented performance levels. Although this segment caters to a small market, the growing interest in motorsport and performance vehicles is likely to stimulate demand for quintuple plate ring gears. Manufacturers are increasingly investing in research to push the boundaries of material science and design, ensuring that quintuple plate systems can meet the rigorous demands of high-performance applications.

By Application

Passenger Vehicles:

Passenger vehicles account for a significant share of the automotive drive plate ring gear market, as these components are essential in the majority of cars on the road today. The drive plate ring gear's role in the transmission system ensures smooth gear shifts and optimal performance of the vehicle. With the increasing demand for fuel-efficient cars, manufacturers are focusing on developing lightweight and high-strength ring gears that contribute to overall vehicle efficiency. As the automotive industry shifts towards electrification, passenger vehicles are also incorporating advanced drive systems, thereby increasing the need for reliable drive plate components to support both traditional and electric powertrains.

Commercial Vehicles:

The commercial vehicle segment is witnessing robust growth, driven by the rising demand for logistics and transportation services worldwide. Drive plate ring gears in commercial vehicles play a crucial role in heavy-duty operations, where durability and performance are vital. As fleet operators seek to enhance vehicle efficiency and reduce operational costs, the adoption of advanced drive plate technologies becomes essential. The increasing focus on sustainability is also prompting manufacturers to design commercial vehicles with improved fuel economy, further elevating the demand for high-quality drive plate ring gears tailored to meet the specific requirements of heavy-duty applications.

Off-road Vehicles:

Off-road vehicles are a niche segment within the automotive industry that require specialized drive plate ring gears to withstand harsh environments and challenging terrains. These vehicles demand robust and reliable gearing systems to ensure performance and safety. The increasing popularity of off-roading as a recreational activity is driving the growth of this segment, with manufacturers focusing on providing advanced solutions that enhance off-road capabilities. Drive plate ring gears designed for this application must exhibit superior resistance to wear and tear, as well as the ability to function effectively under extreme conditions, making them vital components for off-road enthusiasts.

Electric Vehicles:

The electric vehicle (EV) market is rapidly expanding due to the rising awareness of environmental issues and the push for sustainable transportation solutions. Drive plate ring gears play a pivotal role in electric vehicle powertrains, facilitating efficient torque transmission and enhancing overall performance. As automakers invest heavily in EV technology, there is a growing demand for innovative drive plate components that can accommodate the unique requirements of electric motors. The shift towards electrification is not only redefining automotive design but also increasing the focus on lightweight materials and advanced engineering solutions, thereby propelling the growth of the automotive drive plate ring gear market.

Hybrid Vehicles:

Hybrid vehicles combine traditional combustion engines with electric propulsion systems, requiring sophisticated drive plate ring gears to manage the varying power sources effectively. These vehicles are designed to optimize fuel efficiency and reduce emissions, making them increasingly popular among environmentally conscious consumers. The automotive industry is witnessing a surge in hybrid vehicle production, driven by government incentives and consumer demand for greener alternatives. Consequently, the need for reliable and efficient drive plate ring gears that can seamlessly integrate both power sources is expected to increase significantly, further contributing to the growth of this segment within the automotive drive plate ring gear market.

By Distribution Channel

OEMs:

Original Equipment Manufacturers (OEMs) play a crucial role in the automotive drive plate ring gear market, as they are responsible for the integration of these components into new vehicles. The OEM segment is characterized by long-term contracts and partnerships between automotive manufacturers and component suppliers. As OEMs focus on delivering high-quality vehicles that meet consumer expectations, the demand for advanced drive plate ring gears is increasing. Additionally, the emphasis on vehicle performance and efficiency is prompting OEMs to adopt innovative materials and designs, driving growth in this segment. The trend towards electric and hybrid vehicles is further stimulating demand, as OEMs seek to develop cutting-edge drivetrain solutions that incorporate the latest advancements in drive plate technology.

Aftermarket:

The aftermarket segment for automotive drive plate ring gears is experiencing significant growth, driven by increasing vehicle maintenance and repair activities. As vehicles age, the need for replacement parts becomes essential for maintaining performance and safety, creating a robust market for aftermarket drive plate components. Consumers are increasingly turning to aftermarket solutions to enhance their vehicles' capabilities and prolong their lifespan. This trend is further fueled by the growing awareness of the importance of regular maintenance and the potential of aftermarket modifications to improve vehicle performance. The aftermarket segment is also benefiting from the rise of online retail platforms, making it easier for consumers to access a wide range of drive plate ring gear options.

By Material Type

Steel:

Steel remains one of the most widely used materials for manufacturing automotive drive plate ring gears due to its excellent strength-to-weight ratio and durability. Steel ring gears are known for their ability to withstand high torque loads and resist wear, making them ideal for various automotive applications. The versatility of steel allows for the production of ring gears in different configurations, catering to a range of vehicle types from passenger cars to heavy-duty trucks. With advancements in steel processing technologies, manufacturers are continuously improving the performance characteristics of steel ring gears, further solidifying their position in the automotive market.

Aluminum:

Aluminum is gaining popularity as a material for automotive drive plate ring gears due to its lightweight nature and resistance to corrosion. The use of aluminum ring gears can significantly reduce the overall weight of the vehicle, contributing to improved fuel efficiency and performance. Manufacturers are increasingly exploring advanced aluminum alloys that offer enhanced strength and stiffness, making them suitable for high-performance applications. As the automotive industry continues to prioritize weight reduction and sustainability, the demand for aluminum drive plate ring gears is expected to grow, particularly in electric and hybrid vehicles where efficiency is paramount.

Composite Materials:

Composite materials are emerging as a viable option for automotive drive plate ring gears, owing to their unique properties that combine lightweight characteristics with exceptional strength. Composites can be engineered to meet specific performance requirements, offering manufacturers the flexibility to design innovative drive components that enhance vehicle performance. The increasing focus on sustainability and energy efficiency is driving interest in composite materials, as they can reduce the overall weight of vehicles while providing excellent durability. This segment is expected to witness growth as automotive manufacturers explore new technologies and materials to enhance vehicle performance and efficiency.

Cast Iron:

Cast iron is traditionally used in the manufacturing of automotive drive plate ring gears due to its excellent wear resistance and ability to handle high loads. While it may not be as lightweight as other materials, cast iron's robustness makes it suitable for heavy-duty applications, particularly in commercial vehicles and off-road machinery. The durability of cast iron components ensures long service life, making them a reliable choice for demanding automotive environments. As manufacturers continue to innovate, there may be an increasing focus on optimizing cast iron designs to enhance performance while maintaining their inherent advantages.

Others:

The 'Others' category encompasses a range of materials utilized in the production of automotive drive plate ring gears, including advanced alloys and specialized plastics. These materials are often employed in niche applications where unique properties are required, such as extreme heat resistance or specialized performance characteristics. As automotive technology evolves, new materials are being developed to meet the diverse needs of the industry, leading to the introduction of innovative drive plate solutions. This segment is expected to experience growth as manufacturers explore alternative materials that can enhance vehicle performance while meeting stringent regulatory requirements.

By Region

The North American automotive drive plate ring gear market is characterized by a strong presence of major automotive manufacturers and a robust aftermarket sector. The region accounted for approximately 30% of the global market share in 2022, driven by the increasing production of vehicles and the growing trend towards electric and hybrid vehicles. The demand for high-performance drivetrains in North America is reinforcing the need for advanced drive plate ring gear solutions. With a projected CAGR of 5.5% from 2025 to 2035, North America is expected to maintain its leadership position in the market, supported by ongoing investments in automotive technology and innovation.

In Europe, the automotive drive plate ring gear market is also witnessing significant growth, primarily due to the region's focus on sustainability and emissions reduction. The European automotive industry is embracing electric and hybrid vehicle production, leading to increased demand for advanced drive plate components that optimize performance and efficiency. The region held approximately 25% of the global market share in 2022, and the market is expected to grow at a CAGR of 6% through 2035. Additionally, the presence of established automotive manufacturers and a strong aftermarket network in Europe are further fueling the demand for high-quality drive plate ring gears.

Opportunities

The automotive drive plate ring gear market is poised for significant opportunities as the demand for electric and hybrid vehicles continues to rise. With governments around the world implementing stricter emissions regulations, manufacturers are under increasing pressure to adopt cleaner, more efficient technologies in their vehicle designs. This presents a unique opportunity for suppliers of drive plate components to innovate and develop advanced gearing solutions that can support the performance needs of electric and hybrid powertrains. Companies that invest in research and development to create lightweight, high-strength materials and optimized designs for ring gears will be well-positioned to capitalize on this trend, thereby driving market growth and increasing their competitive advantage.

Another notable opportunity lies in the expanding aftermarket segment, which is expected to grow as vehicle owners seek to upgrade and maintain their vehicles for enhanced performance. The increasing awareness of vehicle maintenance and consumer willingness to invest in quality replacement parts create a fertile environment for suppliers of automotive drive plate ring gear components. Businesses that focus on developing comprehensive aftermarket solutions, including performance enhancements and high-quality replacements, can benefit from the growing demand. Moreover, leveraging digital marketing strategies and e-commerce platforms can further broaden their reach, ensuring that they capture a larger share of the aftermarket sales.

Threats

The automotive drive plate ring gear market faces several threats, particularly related to the global supply chain disruptions that have become more pronounced in recent years. Factors such as geopolitical tensions, natural disasters, and pandemics can severely impact the availability of raw materials and the efficiency of manufacturing processes. These disruptions can lead to increased production costs, delays in product delivery, and reduced profitability for manufacturers. Additionally, the ongoing trend of consolidation in the automotive industry may result in fewer players in the market, leading to intensified competition and pricing pressures that can adversely affect smaller suppliers and manufacturers.

Another significant threat to the automotive drive plate ring gear market is the rapid pace of technological advancements that require continuous innovation. As electric and autonomous vehicle technologies evolve, manufacturers face the challenge of keeping pace with new requirements and standards. Companies that fail to invest in research and development may find themselves unable to compete with those that offer cutting-edge solutions and high-performance components. This technological shift also increases the risk of obsolescence for traditional drive plate designs, necessitating that manufacturers continuously adapt to meet the changing needs of consumers and the automotive industry.

Competitor Outlook

• BorgWarner Inc.
• ZF Friedrichshafen AG
• Aisin Seiki Co., Ltd.
• GKN Automotive Ltd.
• Magna International Inc.
• Jatco Ltd.
• Schaeffler AG
• Valeo SA
• Delphi Technologies
• Continental AG
• Hitachi Automotive Systems
• American Axle & Manufacturing Holdings, Inc.
• Hyundai Transys Inc.
• FCA Group LLC
• Nemak S.A.B. de C.V.

The competitive landscape of the automotive drive plate ring gear market is marked by the presence of several key players that dominate different segments of the market. These companies are engaged in extensive research and development initiatives to innovate and enhance their product offerings to meet the evolving demands of the automotive industry. The competition is not only limited to traditional manufacturers but also includes new entrants focusing on advanced materials and technologies. Collaborations and partnerships between OEMs and suppliers are becoming more common as manufacturers seek to leverage each other’s expertise in developing cutting-edge drive systems. This dynamic environment necessitates that companies remain agile and responsive to market trends to maintain their competitive edge.

Leading manufacturers such as BorgWarner Inc. and ZF Friedrichshafen AG are at the forefront of the automotive drive plate ring gear market, leveraging their extensive experience and technological prowess to deliver high-quality products. BorgWarner Inc. specializes in powertrain solutions, offering a range of drive plate components that enhance vehicle performance and efficiency. Their commitment to innovation and sustainability has positioned them as a preferred supplier among major automotive manufacturers. Similarly, ZF Friedrichshafen AG focuses on developing advanced driveline systems and components that cater to the growing demand for electric and hybrid vehicles. The company's investment in research and development ensures that it remains competitive in a rapidly changing market environment.

Another noteworthy player, Aisin Seiki Co., Ltd., is recognized for its contributions to the automotive component sector, particularly in the area of transmission systems. Aisin's expertise in drive plate technology allows it to provide tailored solutions that meet the specific needs of OEMs and aftermarket suppliers. The company is also actively involved in the development of hybrid and electric vehicle components, aligning its product offerings with industry trends. Additionally, Magna International Inc. is expanding its presence in the drive plate ring gear market, emphasizing its commitment to sustainability and innovation. By focusing on lightweight designs and advanced material technologies, Magna is well-positioned to cater to the increasing demand for efficient driveline solutions.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 Valeo SA
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 Jatco Ltd.
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 FCA Group LLC
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Schaeffler AG
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Continental AG
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 BorgWarner Inc.
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Delphi Technologies
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 GKN Automotive Ltd.
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Hyundai Transys Inc.
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Nemak S.A.B. de C.V.
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Aisin Seiki Co., Ltd.
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 ZF Friedrichshafen AG
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Magna International Inc.
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Hitachi Automotive Systems
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 American Axle & Manufacturing Holdings, Inc.
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Automotive Drive Plate Ring Gear Market, By Application
    • 6.1.1 Passenger Vehicles
    • 6.1.2 Commercial Vehicles
    • 6.1.3 Off-road Vehicles
    • 6.1.4 Electric Vehicles
    • 6.1.5 Hybrid Vehicles
  • 6.2 Automotive Drive Plate Ring Gear Market, By Product Type
    • 6.2.1 Single Plate Ring Gear
    • 6.2.2 Dual Plate Ring Gear
    • 6.2.3 Triple Plate Ring Gear
    • 6.2.4 Quadruple Plate Ring Gear
    • 6.2.5 Quintuple Plate Ring Gear
  • 6.3 Automotive Drive Plate Ring Gear Market, By Material Type
    • 6.3.1 Steel
    • 6.3.2 Aluminum
    • 6.3.3 Composite Materials
    • 6.3.4 Cast Iron
    • 6.3.5 Others

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Middle East & Africa - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 Middle East
      • 10.5.1.2 Africa
  • 10.6 Automotive Drive Plate Ring Gear Market by Region

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Automotive Drive Plate Ring Gear market is categorized based on

By Product Type

• Single Plate Ring Gear
• Dual Plate Ring Gear
• Triple Plate Ring Gear
• Quadruple Plate Ring Gear
• Quintuple Plate Ring Gear

By Application

• Passenger Vehicles
• Commercial Vehicles
• Off-road Vehicles
• Electric Vehicles
• Hybrid Vehicles

By Material Type

• Steel
• Aluminum
• Composite Materials
• Cast Iron
• Others

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• BorgWarner Inc.
• ZF Friedrichshafen AG
• Aisin Seiki Co., Ltd.
• GKN Automotive Ltd.
• Magna International Inc.
• Jatco Ltd.
• Schaeffler AG
• Valeo SA
• Delphi Technologies
• Continental AG
• Hitachi Automotive Systems
• American Axle & Manufacturing Holdings, Inc.
• Hyundai Transys Inc.
• FCA Group LLC
• Nemak S.A.B. de C.V.